Mac3761 Assignment 2 2021 (MAC3761)

QUESTION 1 (45 marks; 81 minutes) Qhubeka (Pty) Ltd (“Qhubeka”) is a small company and was formed three years ago by Nelson Mthembu, in an effort to make locally produced electronic appliances more accessible to South Africans. Qhubeka produces two types of microwave ovens for domestic use and, at this stage, these are the only products manufactured by the company. Qhubeka’s financial year-end is 31 March, and the company uses the absorption costing system and values all its inventori...

Mac3761 Assignment 2 2021